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84-88 Jefferson St # 5 Paterson, NJ $ 999,999
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84-88 Jefferson St # 5
$ 999,999
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84-88 Jefferson St # 5

Paterson, NJ, 07522
$ 999,999
Bedrooms15 Baths6.0

Monthly Estimate*

$ 6,157

​

Multi-Family Home for sale in Paterson, NJ

for $999,999 with 15 bedrooms and 6 full baths. This home was built in 1920 on a lot size of 0.11.

xcellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All long term tenants.

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Multi-Family Active

Price

$ 999,999

Bedrooms

15

Full Bath

6

Property Type

Multi-Family

Taxes

$ 21,377

Style

Lot Size

0.11

Year Built

1920

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4030472
Features
Interior
Interior Amenities Fire Alarm Sys Fire Extinguisher Smoke Detector Wood Floors
Basement Bilco-Style Door
Unit 1 Baths Total 2.0
Unit 1 Beds Total 4
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Unit 4 Baths Total 1.0
Unit 4 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 15
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General
Sewer Public Sewer
Heating Forced Hot Air
Cooling Central Air Window A/C(s)
Utilities Gas-Natural
Possession 30
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 0
Architectural Style See Remarks
Year Built 1920
Township Paterson City
Unit Number 5
Tax Year 2025
Gross Income 119774
County Passaic
Net Operating Income 80295
Operating Expense 39479
Total Rooms 29
Full Baths 6
Status Active
Directions On the corner of Jefferson and 2nd St
Open Parking Spaces 8
Number Of Units Total 4
Tax Annual Amount 21377
Drive Blacktop Parking Lot-Exclusive
Standard Status Active
Tax Assessed Value 763700
Town # 2508
Tax Lot 9
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Exterior
Exterior Amenities Metal Fence Sidewalk
Lot Features Corner Irregular Lot
Water Source Public Water
Exterior Description Stone Vinyl Siding
Lot Dimensions 39X121
Lot Size Acres 0.11
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* Excluded Features
List By
JOSEPH ONEAL

Listing Agent

Keller Williams City Views Realty

Broker

Affordability Calculator

$7,939
Per Month
78%
22%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$1,781
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/28/2026$999,999 Listed Price

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84-88 Jefferson St # 5, Paterson, NJ, 07522 is a Multi-Family Home for sale at $999,999 with a lot size of 0.11. 84-88 Jefferson St # 5 has 15 bedrooms, 6.0 baths, and was built in 1920. The property's zip code is 07522 which is in Paterson, NJ

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